First Business Financial Services (FBIZ) Reports In-Line Q3 EPS

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Go back to First Business Financial Services (FBIZ) Reports In-Line Q3 EPS

First Business Bank Reports Third Quarter 2023 Net Income of $9.7 Million

October 26, 2023 4:15 PM EDT

-- Robust pre-tax pre-provision earnings supported by strong balance sheet growth and diversified revenue --

MADISON, Wis.--(BUSINESS WIRE)-- First Business Financial Services, Inc. (the Company, the Bank, or First Business Bank) (Nasdaq: FBIZ) reported quarterly net income available to common shareholders of $9.7 million, or earnings per share of $1.17 on a diluted basis. This compares to net income available to common shareholders of $8.1 million, or $0.98 per share, in the second quarter of 2023 and $10.6 million, or $1.25 per share, in the third quarter of 2022.

First Business Bank again delivered exceptional double-digit loan and... More